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FDIC Indemnification Asset | 9 Months Ended
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Sep. 30, 2014
FDIC Indemnification Asset. |
FDIC Indemnification Asset | Note 9 – FDIC Indemnification Asset The FDIC indemnification asset is the estimated amount that the Company will receive from the FDIC under loss share agreements associated with two FDIC-assisted failed bank acquisitions. See page 41 of the Company's 2013 Annual Report on Form 10-K filed with the SEC for a detailed explanation of this asset. The FDIC indemnification asset was comprised of the following components as of the dates shown:
($ in thousands) |  | September 30, 2014 |  |  |  | December 31, 2013 |  |  |  | September 30, 2013 |
Receivable related to loss claims incurred, not yet reimbursed |  | $ | 5,957 |  |  |  | 12,649 |  |  |  | 20,812 |
Receivable related to estimated future claims on loans |  |  | 17,932 |  |  |  | 33,398 |  |  |  | 38,565 |
Receivable related to estimated future claims on foreclosed real estate |  |  | 1,439 |  |  |  | 2,575 |  |  |  | 5,569 |
FDIC indemnification asset |  | $ | 25,328 |  |  |  | 48,622 |  |  |  | 64,946 |
The following presents a rollforward of the FDIC indemnification asset since December 31, 2013.
($ in thousands) |  |
Balance at December 31, 2013 |  | $ | 48,622 |
Increase related to unfavorable changes in loss estimates |  |  | 3,734 |
Increase related to reimbursable expenses |  |  | 2,644 |
Cash received from FDIC |  |  | (16,810 | )
Related to accretion of loan discount |  |  | (13,025 | )
Other |  |  | 163 |
Balance at September 30, 2014 |  | $ | 25,328 |

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